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i think the question at the heart of the election that the rld wanted the answer to. is the united states capable of serious course correction? and i think both on november the sixth and in the so-called fiscal clef, sokol negotiations that followed, we are telling the world that the united states is not capable of serious course correction, and that will have catastrophic consequences for america. lou: when you say catastrophic consequences, tonight it seems as if we are, this broadcast has been organized to prove your point. bill archer joined us, former house ways and means committee in 1996 who was president at alst the destruction of the government nder president clinton and speaker gingrich. we have hisexperience, also the experience as a member of the budget commission put together president clinton which came to nothing. just as the simpson bowles commission came to nothing. and as this fiscal clef being managed by his president does t look promising. >> that is really the point you brought up earlier. when you have european levels of spending which we now hav
i think the question at the heart of the election that the rld wanted the answer to. is the united states capable of serious course correction? and i think both on november the sixth and in the so-called fiscal clef, sokol negotiations that followed, we are telling the world that the united states is not capable of serious course correction, and that will have catastrophic consequences for america. lou: when you say catastrophic consequences, tonight it seems as if we are, this broadcast has...
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Dec 31, 2012
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the performance by the people re-elected is a complete and utter disaster. instead of their getting a raise, we should get our money back. joining us now with the latest on the negotiations is chief congressional correspondent mike emanuel. >> the talks have shifted from the top two senators negotiating to senate republican leader mitch mcconnell trying to strike a deal with joe abide den. the senate majority leader left the capital shortly after making this comment about republicans trying to change the way inflation is measured on entitlement. >> i was really gratified to hear republicans taking their demand for social security benefit cuts off the table. truth is they should have never been on the table to begin with. they are still significant distance between twot sides and negotiations continue. still time left to reach an agreement and we can continue the negotiations. >> the senate is due to return tomorrow morning at 11:00 a.m. republican negotiator mitch mcconnell said he was concerned about a lack of urgency on the side of democrats. >> willing to
the performance by the people re-elected is a complete and utter disaster. instead of their getting a raise, we should get our money back. joining us now with the latest on the negotiations is chief congressional correspondent mike emanuel. >> the talks have shifted from the top two senators negotiating to senate republican leader mitch mcconnell trying to strike a deal with joe abide den. the senate majority leader left the capital shortly after making this comment about republicans...
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Dec 30, 2012
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he was elected to lead. we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking about are the same public -- policies that have been on the table for weeks. what is new is they seem to have finally agreed they will move forward with something. there is no guarantee that the republican leader and democratic leader will be able to put together an agreement. but they are now saying they will try to do it. they are working together and amy towards a vote sunday are monday. >> what is the scuttlebutt among the rank-and-file senators about whether or not they're going to be able to pull this off befor
he was elected to lead. we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the...
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Dec 31, 2012
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.'" >>> "what i ran on, and what the american people elected me to do, was to put forth a balanced approach." >> reporter: despite the on- going blame game, there is consensus on one thing: time is running out. i'm elizabeth corridan reporting. r as the fiscal cliff deadline ticks down -- you might wonder we got into the situation in the first place. tonight at 8-30 -- an in depth look on that. >>> the 49ers --- nfc west champions for a second year in a row. they beat the arizona cardinals 27 - 13, in their final game of the regular season. the niners now looking ahead to the playoffs -- and thanks to a loss by green bay -- the team is getting a first round bye! as you can imagine -- lots of excited fans around the bay area tonight. kron4's scott rates was on the side-lines for the big game -- and has more. >> reporter: let us get right to it, they started off a little bit slow. this 49 yearpass. all the way to kaepernick, making it 7-6. and in the third quarter, michael crabtree with a 7 yd pass to kaepernick. and if the niners would adjust roll from this point, forward. this to a yard run
.'" >>> "what i ran on, and what the american people elected me to do, was to put forth a balanced approach." >> reporter: despite the on- going blame game, there is consensus on one thing: time is running out. i'm elizabeth corridan reporting. r as the fiscal cliff deadline ticks down -- you might wonder we got into the situation in the first place. tonight at 8-30 -- an in depth look on that. >>> the 49ers --- nfc west champions for a second year in a...
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Dec 27, 2012
12/12
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WBAL
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another new law states baltimore city elections will be held on the same cycle as the presidential election, meaning officials will get an extra year in office. as of january 1, a parent or guardian will have the right to free credit reports to protect kids and disabled adults from identity theft. it is hoped it will protect foster children, who are especially vulnerable. >> we are hoping that the credit bureau to the part of human resources will be able to get to some data sharing so they can either freeze them en masse as well as help them to access to their credit reports. >> when it comes to the weather, we are in the clear from rain or snow for now, that was not the case further north of us in new jersey. several communities woke up this know this morning after several inches fell last night. some areas were expecting up to 8 inches with wind gusts up as high as 60 miles an hour overnight. all that snow, rain, and sleet cause problems for travelers up and down the east coast. travelers at laguardia airport say they saw flight delays up to 90 minutes yesterday. in philadelphia, more tha
another new law states baltimore city elections will be held on the same cycle as the presidential election, meaning officials will get an extra year in office. as of january 1, a parent or guardian will have the right to free credit reports to protect kids and disabled adults from identity theft. it is hoped it will protect foster children, who are especially vulnerable. >> we are hoping that the credit bureau to the part of human resources will be able to get to some data sharing so...
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Dec 30, 2012
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we won the election, hold firm. so you're beginning to see that within the democratic party, the president has sort of spoken favorably about the social security fix. it was part of a broader package. but he's talked favorably about it. some democrats don't want to do that. while we've seen these rifts in the republican party. about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party about what programs should be cut and what programs should be saved. and i think that's a little of what you're seeing now. i don't know if it's enough to sort of throw the whole deal out. i think only those folks -- you did hear the folks, senator mcconnell saying i've called my friend joe biden, can he get to the president. it's clear that the democrats are saying that the president is the one who won't -- you know, who doesn't want to put up a counteroffer. so we'll see. >> changes by the hour. >> candy crowley, thank you as
we won the election, hold firm. so you're beginning to see that within the democratic party, the president has sort of spoken favorably about the social security fix. it was part of a broader package. but he's talked favorably about it. some democrats don't want to do that. while we've seen these rifts in the republican party. about whether to raise taxes, tax rates on anybody. you're going to begin to see this conversation as the conversation moves forward. the rifts in the democratic party...
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Dec 29, 2012
12/12
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we elected this same crowd. the senate still has harry reid, the democrat, the house has john painter, the president is still the president. why she we expect anything to change. >> i don't expect anything to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promisin things they know they cannot deliver. our children, grandchildren will pay the price. maybe sooner, but the bottom line is you are dealing with people who care about themselves to maintaining power. >> i think they care about the 1%. they increase the taxes on those made for under thousand and above, less than 1%. and the republicans are holding the country hostage. they rejected that. tom: will that tax solve the deficit spending? >> it will if you include 2%, 250,000 for couples, 200,000 for individuals and above. you start taxing capital gains and dividends, reinstate that and get rid of $109 billion in corporate taxes every year. you're looking it over $300 bill
we elected this same crowd. the senate still has harry reid, the democrat, the house has john painter, the president is still the president. why she we expect anything to change. >> i don't expect anything to change. the reality is you have the same people. there very blunt, competent, dishonest, lying to the american public for a long time, promisin things they know they cannot deliver. our children, grandchildren will pay the price. maybe sooner, but the bottom line is you are dealing...
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Jan 1, 2013
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brats who are more interested in being right than doing the right thing and representing the people who elected you. >> mary snow, cnn, new york. >> more interesting, being right than doing the right thing for your country. cnn's coverage of the fiscal cliff continues right after this.
brats who are more interested in being right than doing the right thing and representing the people who elected you. >> mary snow, cnn, new york. >> more interesting, being right than doing the right thing for your country. cnn's coverage of the fiscal cliff continues right after this.
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Dec 27, 2012
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up next, the election is over. now it's time for president obama to get things done and he has less time than you might think. strategizing a second term. let's talk the future. this is "hardball," the place for politics. >>> there's been a lot of talk about gun laws since the shootings in newtown, connecticut, one result seems to be increased support four tougher gun laws. 58% of americans polled say they want to see stricter gun laws as opposed to 34% who wants things kept the way they are. compare that to a year ago when only 43% wanted to see stricter laws. it's worth remembering, however, that support for tougher laws often spikes and then fades after mass shootings. of course, the nra always stands in the way of any new or reviewed restrictions, but, of course, we all know that. and we'll be right back. that support for tougher laws that support for tougher laws [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine yo
up next, the election is over. now it's time for president obama to get things done and he has less time than you might think. strategizing a second term. let's talk the future. this is "hardball," the place for politics. >>> there's been a lot of talk about gun laws since the shootings in newtown, connecticut, one result seems to be increased support four tougher gun laws. 58% of americans polled say they want to see stricter gun laws as opposed to 34% who wants things kept...
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Dec 29, 2012
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elections are important step toward that goal. aung san suu kyi x release from house arrest is another but as suu kyi has said, quote, one prisoner of conscience is too many end until the burmese people live under a fully democratic government that is transparent and respect the rule of law we must continue to push for reform. suu kyi said in oslo she accepted the nobel peace prize, quote, the piece of the world is as long as negative forces, the better forces anywhere for all at risk. every citizen of the world including those who live in the most free and safest conditions of the debt of gratitude to the helpful souls who put their lives on the line for democracy and freedom. there is no better example of that than the guest we have here today. [applause] >> ladies and gentlemen, the united states secretary of state, the hon. hillary rodham clinton. [applause] >> 17 years ago, as we were in beijing on behalf of the un conference concerning the rights of women, we fought about many of the women around the world who could not be w
elections are important step toward that goal. aung san suu kyi x release from house arrest is another but as suu kyi has said, quote, one prisoner of conscience is too many end until the burmese people live under a fully democratic government that is transparent and respect the rule of law we must continue to push for reform. suu kyi said in oslo she accepted the nobel peace prize, quote, the piece of the world is as long as negative forces, the better forces anywhere for all at risk. every...
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Dec 28, 2012
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and when they did that, and as soon as they did that, they love the election. they would have won the election had it come due before and they would have won that had they stuck to it but they didn't do it. but the debt ceiling has to be agreed to. they have the cards i just don't think they know it, unfortunately. they should get everything they want based on the debt ceiling alone. >> explain it to me. suppose the republicans dug their heels in the ground and said they refuse to raise the debt ceiling. how would that empower them? >> well, the government, i mean unfortunately, as it almost has anyway, would come to a total standstill. with the debt ceiling coming due in another month from now, they should make that part of the debate. the president is going to have to do something about the debt ceiling. he has always been concerned about it and what is going to happen because obviously they need a lift in the debt ceiling. i always said and i it to you, it should not have been allowed to happen after the election. if it happened before the election the repub
and when they did that, and as soon as they did that, they love the election. they would have won the election had it come due before and they would have won that had they stuck to it but they didn't do it. but the debt ceiling has to be agreed to. they have the cards i just don't think they know it, unfortunately. they should get everything they want based on the debt ceiling alone. >> explain it to me. suppose the republicans dug their heels in the ground and said they refuse to raise...
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Dec 29, 2012
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. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort o
. >> the liberal "new york times" says last month's election significantly weakened the tea party. is that true? we will have a debate. chanting] >> u.s.a. >> caution, you where to enter the no spin zone. the factor begins right now. >> i'm greg gutfeld in for bill o'reilly. thanks for watching us. our top story tonight, the last ditch effort to avert the fiscal cliff. president obama met with congressional leaders for several hours at the white house today to...
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Dec 27, 2012
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he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights have been canceled. it is very possible not everybody will be able to be there. with this disrupts the situation yet again? >> it could. one of my favorite movies is planes, trains and automobiles. why trouble are those in hawaii. it could be a problem. look, i agree with you, these are congressmen and congresswoman. if there is seriously a deal, they will find a way to get here and it will be done. gerri: there were all sorts of interesting stories, rumors about putting something on a table on sunday. some other information going to come out for democrats. that would be something new. >> he will actually put something forward. scott braun was talking about that on his facebook page. i don't think the president wants to trade off a political victory in ter
he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights have been canceled. it is very possible not everybody will be able to be there. with this disrupts the situation yet again? >> it could. one of my favorite...
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Dec 30, 2012
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then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge trouble. i think boehner's pretty safe because there's not a challenger. >> sam, if boehner's safe in his job, it doesn't mean to say he's at all relevant here. he's just not a factor at this point, is that right? >> i think it's right but it's because boehner expressed he couldn't get his plan throw the court. i can only imagine how angry mcconnell and his staff are because they put him in a bind. all the while mitch mcconnell's got an eye on 2014 when he's up for re-election but the house speaker has shown he's largely ineffectual when it comes to this stuff. but i see what he's s
then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge...
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Dec 28, 2012
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this is part of the story of the 2012 election and maybe the never several elections. sam wang had an accurate forecasting model. he sent us a cartoon rather than a chart. he weighed in on the attacks being launched as people like us who are using data to talk about the election. it says quote, breaking, to surprise a sun dit the best system for determining which of two things is wiser. we posted these charts and a bunch of others. i'll tweet a link to them. that does it for tonight. and now it is time for the last word. have a good night. >> the house of representatives. has known for over a year that it has a monday night deadline for avoiding the fiscal cliff. so when are they going to start working on that? sunday night. >> stalemate gridlock joorks this is what the holidays look like. >> there is so much manure around here. >> this isn't school house rock. >> the fiscal cliff. whatever. >> there is barely 00 hours. >> the last minute was before christmas. >> what is going on here? is. >> how come there is no sense of urgency. >> the entire house coming back sunday
this is part of the story of the 2012 election and maybe the never several elections. sam wang had an accurate forecasting model. he sent us a cartoon rather than a chart. he weighed in on the attacks being launched as people like us who are using data to talk about the election. it says quote, breaking, to surprise a sun dit the best system for determining which of two things is wiser. we posted these charts and a bunch of others. i'll tweet a link to them. that does it for tonight. and now it...
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>> i would. >> and safer politically for an election in a general election given the fact people normally want to switch parties every eight years. you don't want to run as a xerox of obama. your thoughts. >> i do think she's to the right on foreign policy. i think what's going to be really interesting is seeing where she is economically. she's been very savvy about using economic statecraft to advance foreign policy goals for the u.s. it will be interesting to see what she brings to the economic debate because i think that's still going to be a debate in the next election. jobs. how to grow, how to get the country back on track. it will be really interesting to see where it comes off. >> i have you as a feminist, everybody is a feminist right now. it's a good position to be in politically. do you think she will have an unusually high draw among women voters? and that's maybe a dumb question, but could she get up to 65% or 70% of the women voters as opposed to 55%. >> that would be a high number. if anybody can do it, she can. i see her having tremendous strength there, and that's a demog
>> i would. >> and safer politically for an election in a general election given the fact people normally want to switch parties every eight years. you don't want to run as a xerox of obama. your thoughts. >> i do think she's to the right on foreign policy. i think what's going to be really interesting is seeing where she is economically. she's been very savvy about using economic statecraft to advance foreign policy goals for the u.s. it will be interesting to see what she...
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Dec 27, 2012
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they knew after the election they knew it was coming up. they go to the sheep and the slaughterhouse and hope they're not sheared too much. david: they don't send themselves to the slaughterhouse. we're going to the slaur house. president says how much new revenue he needs. the most he will get taxing all the rich people assuming they don't move their money to the cayman islands is 100 billion a year. look what happened in 2009 when we went into recession. look what happened to revenues. put that up on the screen. revenues in 2009 went into recession. we lost $400 billion in one year and we didn't regain it until 2011. we still haven't regained the amount we had in 2007 because we're growing so slowly. if we have recession, we have a $400 billion loss to the treasury. the president is going to be even more in debt than we are now. >> this is where the republicans missed a huge opportunity the republicans said this shouldn't be a debate whose taxes get raised. this should be the debate how we get the american economy moving forward again. th
they knew after the election they knew it was coming up. they go to the sheep and the slaughterhouse and hope they're not sheared too much. david: they don't send themselves to the slaughterhouse. we're going to the slaur house. president says how much new revenue he needs. the most he will get taxing all the rich people assuming they don't move their money to the cayman islands is 100 billion a year. look what happened in 2009 when we went into recession. look what happened to revenues. put...
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Dec 28, 2012
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but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, coming off the supporters, sticking to his position that he pledged to them with the campaign promises. what looks like house in disarray is boehner's house. >> bob: swy j to hear from greg. he's sitting on the edge of his chair. >> kimberly: he is medicated. >> greg: this is so boring. maybe i speak for a small percentage of the audience but this is boring and upsetting. we know the outcome. president obama set up republicans. going over the cliff is like a water slide. defense cut and high taxes. all that misses is the free transgender surgery. you the utopian liberal dream. >> kimberly: you know it. >> greg: biggest thing for me
but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with us together. he is coming off strong, coming off the supporters, sticking to his position...
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boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off the table, an indication of a smaller deal, not a larger deal, and it's hard to imagine a larger deal without including those. and things are moving quickly despite the fact it seems fairly quiet on capitol hill. >> harris: we're edging later and later on this sunday night and talk about things that have been said that can shift the temperature of where you are. senator reid has said he cannot offer a counter offer because he says, quote, we're too far apart on some pretty big issues. what's he talking about? >> i don't know, the first i've heard. when people tells they don't want a counter offer, it tells they don't want to deal. it strikes me it would not be difficult to focus just on the tax ra
boehner and the president off the election and mr. boehner put 800 billion of revenues on the table and talking about negotiations and the president says i get that for free, i'm not giving you anything for 800 billion dollars. and washington is a rumor mill, as you can probably mante imagine, and we've heard that the change cpi would be off the table, an indication of a smaller deal, not a larger deal, and it's hard to imagine a larger deal without including those. and things are moving...
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if he got re-elected. second dirty secret is you can't get any of this through the house. if you think you can, then you're smoking something terrible that's probably illegal. and here's the problem. if you want -- if you really -- if the president really and truly wants to get gun control or gun safety as i like to call it through both chambers, bring the parents, bring the living children from sandy hook elementary to the capitol. the safest building in the country, by the way, after 9/11 and after that guy that came out and shot two capitol police officers. bring them into the capitol and say look those kids in the eyes and say tell them you're want going to do it. the best way to get something through congress is to guilt members of congress. it only works that way. the senate will do something. >> but like the president -- go ahead. >> i was going to say, i think it's important and smart, though, to note that the president is not just out there saying we need to do gun kreel. quite to the opposite. he
if he got re-elected. second dirty secret is you can't get any of this through the house. if you think you can, then you're smoking something terrible that's probably illegal. and here's the problem. if you want -- if you really -- if the president really and truly wants to get gun control or gun safety as i like to call it through both chambers, bring the parents, bring the living children from sandy hook elementary to the capitol. the safest building in the country, by the way, after 9/11 and...
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Dec 31, 2012
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they are elected to do a job. and during election the president announced wanting to do certain things. part of being an elected official is being forced to say what you are for and what with you are against. if they can't do that, then go back it wherever they came from and find another line ever work. >> wonder if it will get worse before it gets better. thank you for joining us today. the washington post's jennifer rubin. >>> this is wall street's fear gate. i believe it has seen the steepest drop today since june. down 14%. back below the 20 mark. you can see the dow is slightly about 13,000 again. i think the nasdaq is back -- there you go, back at 3,000 exactly. it feels as if the mark set feeling they are putting faith in a deal getting done before the deadline cracks over our heads. >> what is the "street signs" motto? >> hopium. >> no. >> oh, everything's fine. >> right. and the vix is saying. >> everything's fine. >>. we have other mottos. >> most not fit for a family show. >> what will 2013 bring for ho
they are elected to do a job. and during election the president announced wanting to do certain things. part of being an elected official is being forced to say what you are for and what with you are against. if they can't do that, then go back it wherever they came from and find another line ever work. >> wonder if it will get worse before it gets better. thank you for joining us today. the washington post's jennifer rubin. >>> this is wall street's fear gate. i believe it has...
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people are oh, we lost the election, time to to something. how to there is this supposed mini revolt. anything to this? >> looks like there could be. the greater thing is it is philosophically disengine with us to spend 8 months telling americans that tax increases hurt the economy and turning around 8 weeks later after the ehe election and offering to surrender a one year debt ceiling pore tore yum and increase taxes under the guise of helping the economy. philosophical. >> laura: the reality, though, anthony is that they lost the election in november. so the taxes are going go up. i mean the idea that -- taxes going to go up on obama care and a bunch of other taxes kick in and cost of living going up. the pragmatic rehe action would be in an a perfect world there would be no tax increases. going to happen one way or another. your point is he should stick to principle and go over the cliff. >> that is why he got elected by his body and in his district. we kept the house. the taxing authority. we have the constitutional authority and duty to
people are oh, we lost the election, time to to something. how to there is this supposed mini revolt. anything to this? >> looks like there could be. the greater thing is it is philosophically disengine with us to spend 8 months telling americans that tax increases hurt the economy and turning around 8 weeks later after the ehe election and offering to surrender a one year debt ceiling pore tore yum and increase taxes under the guise of helping the economy. philosophical. >> laura:...
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Dec 27, 2012
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before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question
before the election. excuse me. >> yes. >> fiscal cliff week after the election. 75%. >> yes. >> it was on everybody's mind. >> great. thank you so much. >> thank you so much. >> i want to shop for a living, too. >> please. >> come join us thanks to mary. all right. so not a banner year for retail. we have fiscal cliff and debt ceiling fears. that's driving that. how do you invest now? we are about to ask a top money manager. [ male...
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Dec 30, 2012
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merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the yen drop in value 15% which means that, if what we are company exporting to japan that just hurts our sales quite a bit because the value of their yen is less. so not able to buy as many products which is then, gregg, to hurt our stock market because a lot of our growth comes outside our borders of the united states. this is is a problem that goes directly to nks 401-k plan. >> then there is china which is the growth juggernaut but it accelerated? >> in fact the beginning of the year they are looking at double-digit growth. we're going to see 6
merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the...
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that is one of these issues that elections are supposed to decide those things. >> and larry elder. i'll give you the last word on our new year's show. the debt ceiling is coming. but nobody wants america to default. >> the debt ceiling is coming. the end game is a value added tax on top of the irs so that we have the western style welfare state. tax es are going to go up next year also. >> maybe. >> taxes. >> president obama has never said anyone of those thing. >> happy new year. thank you very much. thank you very much. appreciate it. the night continues head over to cnbc.com for the latest. happy new year everybody and all of 2012. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobil
that is one of these issues that elections are supposed to decide those things. >> and larry elder. i'll give you the last word on our new year's show. the debt ceiling is coming. but nobody wants america to default. >> the debt ceiling is coming. the end game is a value added tax on top of the irs so that we have the western style welfare state. tax es are going to go up next year also. >> maybe. >> taxes. >> president obama has never said anyone of those thing....
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Dec 24, 2012
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he won the election. he gets to choose. confirmed pretty readily? represents a sort of mainstream of american foreign policy, a little bit less for me, but not as far left as the first joist. lou: interesting, john mccain and others came out with really unreserved support for senator kerry. let's turn, if we may, to the failure in benghazi. and this report looks to me, i no there are varying views on this. and other whitewash, it seems. >>nd the misses the point. we know what happened before and during periods grew up some allies, cover-ups. to me with the important thing is, what happened afterwards, which is nothing. then never hunted down, retaliated, responded. look at what happened to the original september 11th. 1998, attacks on u.s. embassies in east africa and in 2000 attack on the u.s.s. cole, we did not respond. we beefed up security at the embassy, change the rules of engagement. a the leader before it september 11th at a record of videos saying american as i respond. let's go kill more americans. by failing to respond we know who did thi
he won the election. he gets to choose. confirmed pretty readily? represents a sort of mainstream of american foreign policy, a little bit less for me, but not as far left as the first joist. lou: interesting, john mccain and others came out with really unreserved support for senator kerry. let's turn, if we may, to the failure in benghazi. and this report looks to me, i no there are varying views on this. and other whitewash, it seems. >>nd the misses the point. we know what happened...
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Dec 29, 2012
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the notion that our elected leadership can't do the same thing is mind boggling to them. >> the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought that he sounded like a man who knows he holds, if not all of the cards, but a lot of them. he has the advantage here, and the polls indicate as with bill clinton in the showdown with newt gingrich and the shutdown of the '90s the public blames the republicans when this happens when over on the house side, you have so many republicans who are so far right and worried about somebody farther right running against them in primaries that john boehner is having a hard time to get them to agree to his packages like plan b out here. we don't know how much out here in the public things have changed since last week, but it seemed like president obama was saying something that he was planning to say if it came down to the last few days. >> joy, is this the same kind of negotiation we saw in the first term? >> well, richard, one of the things that you didn
the notion that our elected leadership can't do the same thing is mind boggling to them. >> the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought that he sounded like a man who knows he holds, if not all of the cards, but a lot of them. he has the advantage here, and the polls indicate as with bill clinton in the showdown with newt gingrich and the shutdown of the '90s the public...
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Dec 31, 2012
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it's the base that elected him. if he were to get immigration through, he starts on a successful platform, and then maybe move to the other ones. >> there is incentive for republicans to cooperate on immigration. >> the sad thing for fiscal cliff is we'll be stuck in trench warfare for another couple of years. make sure you do it with a bush type comprehensive package. then you break the trench warfare. you get some from column a and column b, and then maybe you can do the things you want to do. the second big issue, the same thing for a coalition is tax reform. >> but the question tom raises when we're talking about guns, there's a larger approach.does opportunity on gun control if there's a big mental health aspect to it, if there's more to it, tom? >> well, that's what i think. i think it has to be holistic. i'm not an assault weapon fan of any kind, but i know people who go out to the target ranges and feel strongly that they have a second amendment right to fire them off as many times as they want to with 30-ro
it's the base that elected him. if he were to get immigration through, he starts on a successful platform, and then maybe move to the other ones. >> there is incentive for republicans to cooperate on immigration. >> the sad thing for fiscal cliff is we'll be stuck in trench warfare for another couple of years. make sure you do it with a bush type comprehensive package. then you break the trench warfare. you get some from column a and column b, and then maybe you can do the things...
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Dec 27, 2012
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and i think the 2012 election shows i. we have this remnant, these tea party people who held onto 2012. by the i want, the democrats made gains for the house and i'm talking about the extremists who used to have a more reasonable approachment and it was because of the congressional merriment. we have bad luck. the best republican year happened to be 2010, which was the year that the governors and the legislatures elected did congressional redistricting. they said the democrats would is picked up more seats, maybe six more. we wouldn't have controlled the house, but it would have been a significant increase. i think the american public has made it clear that they do not agree with the republican right wing. they don't want social security and medicare to be taken about. they're not hung up on other people's private lives and emotional lives and they're supporting the people with the same sex right to marry. now on gun control, they're on the wrong side. so i am optimistic that we are going to see the elections of 2012. i th
and i think the 2012 election shows i. we have this remnant, these tea party people who held onto 2012. by the i want, the democrats made gains for the house and i'm talking about the extremists who used to have a more reasonable approachment and it was because of the congressional merriment. we have bad luck. the best republican year happened to be 2010, which was the year that the governors and the legislatures elected did congressional redistricting. they said the democrats would is picked...
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which if that were to happen, what would the country think of our elected officials? but i want to ask that in a broad sense. you've followed politics for a long time. when you look at this from the outside and you're an average american, basically the media is saying, congress, if they don't do anything now, might as well pass something on january 3rd but in actuality they could pass today. do you think people are understanding how absurd it is? >> no. the american people understand how absurd this is. we've been seeing poll after poll after poll showing the american people, if the country goes over the cliff, would is to blame? the republicans get the majority of the blame. speaker boehner and his plan b could not even get the republicans in his caucus to pass a tax increase on people making $1 million when we already know through november election and through subsequent public opinion polls, the american people are perfectly fine with raising taxes on people earning incomes of $250,000 and above. so the idea that the republican party can't -- i mean, i should say s
which if that were to happen, what would the country think of our elected officials? but i want to ask that in a broad sense. you've followed politics for a long time. when you look at this from the outside and you're an average american, basically the media is saying, congress, if they don't do anything now, might as well pass something on january 3rd but in actuality they could pass today. do you think people are understanding how absurd it is? >> no. the american people understand how...
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what's not clear is exactly what should be coming out from the election. the president very clearly has been saying his bargaining power should have been increased and they should win some concessions from reps. we have not seen the answer yet. i don't think we will until we see a resolution to the fiscal cliff. >> we're just seeing more and more moving parts, aren't we, in the beltway? thank you both. stick around we'll get back to you in a bit. >>> senator mike crapo was arrested over the weekend. he ran a red light, then failed several sobriety tests. officers say he was cooperative and released on a boon. he quickly released a statement apologizing for the incident. >>> coming up for you, the tough road to the pentagon. former senator chuck hagel facing cry sim. and doubt from both sides of the aisle. >> i'd have to study his report. i'm not going to comment until the president make a nomination. >>> plus we're following breaking news. two firefighters shot to death, as they respond to a fire. the latest of that, coming up. when you have diabetes... yo
what's not clear is exactly what should be coming out from the election. the president very clearly has been saying his bargaining power should have been increased and they should win some concessions from reps. we have not seen the answer yet. i don't think we will until we see a resolution to the fiscal cliff. >> we're just seeing more and more moving parts, aren't we, in the beltway? thank you both. stick around we'll get back to you in a bit. >>> senator mike crapo was...
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Dec 28, 2012
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obama was elected with a surplus of about three million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but again, i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are going to do because he backed off even his own proposal. mr. president, the house we hear so often is controlled by the republicans, and we acknowledge that. i would be most happy to move forward on something that senator mcconnell said they wouldn't filibuster over here that he would support and that boehner would support if it were reasonable, but right now they are -- we haven't heard anything. i don't know -- and it's none of my business, i guess, although i am very curious -- if the speaker and the majority leader -- the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legisl
obama was elected with a surplus of about three million votes. he won the election. he campaigned on this issue. again, the speaker can't take yes for an answer. the president has presented him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself, but again, i guess with the dysfunctional republican caucus in the house, even the speaker can't tell what they are going to do because he backed off even his own...
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you don't get elected and say elected without being someone who is smart, gifted and savvy. and put them against scott brown there and it will be an ain'ting race. that is saying who knows who else could jump into the race. >> i think the key to the point is you is to go with scott brown's middle name and that is mitch mcconnell. and the idea that you are going to cut social service during this recession, at the end of the day i don't think you can vote for him as a leader. >> before we go, do you think there is a chance that scott brown won't run? >> he is waiting in the wings if scott brown doesn't run? >> he ran for governor of new york and more power to him if he he can pull it off but national republicans and the money thinks he has the best shot. >> thank you both for joining me tonight. coming up, our final update or the year. on the kind fund. i'll read some of the comments that you have left about it. in the rewrite tonight i can understand why the guys in the vatican are so wrong about marriage. so if it fair that we expect them to understand the first think about
you don't get elected and say elected without being someone who is smart, gifted and savvy. and put them against scott brown there and it will be an ain'ting race. that is saying who knows who else could jump into the race. >> i think the key to the point is you is to go with scott brown's middle name and that is mitch mcconnell. and the idea that you are going to cut social service during this recession, at the end of the day i don't think you can vote for him as a leader. >>...
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could have changed the presidential election, significant way. and especially, when you look at the way that john roberts was the deciding vote, the swing vote to uphold the health care law. that is a significant, important thing that will have lasting impacts on politics and policy for years to come. >> thank you, edward, for your time today. >>> today's tweet of the day, people, you don't need to go shopping today. relax. make the most of a day at home. i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our option
could have changed the presidential election, significant way. and especially, when you look at the way that john roberts was the deciding vote, the swing vote to uphold the health care law. that is a significant, important thing that will have lasting impacts on politics and policy for years to come. >> thank you, edward, for your time today. >>> today's tweet of the day, people, you don't need to go shopping today. relax. make the most of a day at home. i love 'em even more. i...
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Dec 29, 2012
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the notion that our elected leadership cannot do the same thing is mind-boggling to them. it needs to stop. i am modestly optimistic that an agreement can be achieved. nobody will get 100% of what they want. let us make sure that middle- class families and the american economy and the world economy are not adversely impacted because people cannot do their jobs. thank you very much, everybody. >> today on c-span "washington journal" live with your comments, followed by the look at the mouth of coasted in the u.s.. later, a discussion on nasa's budget and mission. >> next, we will continue looking at the fiscal cliff negotiations and how americans would be affected if congress and the white house don't reach a deal. our guest is joseph rosenberg with the tax policy center, followed by a discussion on
the notion that our elected leadership cannot do the same thing is mind-boggling to them. it needs to stop. i am modestly optimistic that an agreement can be achieved. nobody will get 100% of what they want. let us make sure that middle- class families and the american economy and the world economy are not adversely impacted because people cannot do their jobs. thank you very much, everybody. >> today on c-span "washington journal" live with your comments, followed by the look...
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Dec 27, 2012
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we made a big deal before the election about going below 8%. and if we go over the cliff, a lot of smart minds are saying we could hit 9.1% unemployment by the end of next year. that sounds devastating. who would be the most impacted by that, do you think? >> well, it's going to be everybody at that point in time. it's going to be small businesses who look at the world and say, i can't afford to invest, i can't afford to have the number of employees that i have because i'm starting to see demand slow down. it's going to be large businesses that are going to suffer from this for the same reason. it's going to hurt our ability to be competitive in the world market because of all this. and so we're going to see potentially a decline in the growth of experts. all these thing its are bad for the country. this is something we have to stop and have to stop quickly. it's in the control of the united states. >> senior partner of the boston consu consulting group, thank you for joining us. happy holidays. >> thank you. ( ♪ ) for those nights when it's
we made a big deal before the election about going below 8%. and if we go over the cliff, a lot of smart minds are saying we could hit 9.1% unemployment by the end of next year. that sounds devastating. who would be the most impacted by that, do you think? >> well, it's going to be everybody at that point in time. it's going to be small businesses who look at the world and say, i can't afford to invest, i can't afford to have the number of employees that i have because i'm starting to see...
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Jan 1, 2013
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when the election ended. the demand for $250,000, as of december, now we're going to end up almost double that. all the leverage he had with the election victory, and ended up doubling, i think was discouraging. what really bothered them was there was no debt ceiling, there is no debt ceiling fix in this agreement. and again, that is something that right after the election and well into december obama said he was going to insist on a permanent end to the debt ceiling. that was going to be part of this deal. he insisted on it. he backed off and indicated through the negotiations that he would be okay with a two-year patch. and now it is not even in there at all. it is very clear we'll have a showdown similar to this in about a month when we hit the debt expiration, except in a month, republicans will -- excuse me, democrats and obama will not have the kind of leverage that the automatic expiration that the bush tax cuts gave them. it is a discouragement that they can be em boldened, how they can move president
when the election ended. the demand for $250,000, as of december, now we're going to end up almost double that. all the leverage he had with the election victory, and ended up doubling, i think was discouraging. what really bothered them was there was no debt ceiling, there is no debt ceiling fix in this agreement. and again, that is something that right after the election and well into december obama said he was going to insist on a permanent end to the debt ceiling. that was going to be part...
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and it was a great year and an amazing year, pretty stressful during the election time, i guess. >> yes. >> it got a little-- i got testy and sick to my stomach about it for hours because i don't like to get that way i'm glad the election is over. >> you feel bad about it. >> you don't feel bad afterwards. >> all the way through the whole year "the five" i never saw you get testy. >> me? >> i never saw you get really upset. i never saw the rest of you gang up on bob real fast. (laughter) >> and if you look at that retrospective. if you notice one of the problems romney had from the beginning not one mention of the economy in all the things we talked about, very little. you go back and look at all of that stuff and it was other things besides one or two that obama had from the beginning and rarely got-- >> you're wrong, the election wasn't fought on the economy. >> no, it wasn't. >> a lot of people wants to know what happens with the heated debates off camera and we do. the answer is yes. we have taken heated debates through the commercial debates and into the next block and as we walk o
and it was a great year and an amazing year, pretty stressful during the election time, i guess. >> yes. >> it got a little-- i got testy and sick to my stomach about it for hours because i don't like to get that way i'm glad the election is over. >> you feel bad about it. >> you don't feel bad afterwards. >> all the way through the whole year "the five" i never saw you get testy. >> me? >> i never saw you get really upset. i never saw the...